Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.

THE shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital.

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Greenberg, 84, controls about 60% of Skechers's voting shares, Poser says. He is set to stay at the helm through the transaction, but Poser believes he's likely to retire next year. A strategic ...

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Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

Barbie maker Mattel says it will put up the prices of some of its toys in the US as President Donald Trump's tariffs increase its costs. The firm also says it will cut the number of products it makes ...

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Shares were mixed Tuesday in Asia after benchmarks fell on Wall Street, snapping a nine-day winning streak. Oil prices bounced back part-way from a 4-year low and U.S. stock futures slipped.